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ISIN
US46431W5076
CUSIP
46431W507
Issuer
iShares
Inception Date
Sep 25, 2013
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$5B

Share Price Chart


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Performance

NEAR Performance Chart

iShares Short Duration Bond Active ETF (NEAR) is up 0.6% since the beginning of the year. NEAR is currently trading at $51 per share. Investors who bought $1,000 worth of NEAR shares 5 years ago would now be looking at an investment worth $1,207.


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S&P 500 Index

Returns By Period

iShares Short Duration Bond Active ETF (NEAR) has returned 0.63% so far this year and 3.79% over the past 12 months. Over the last ten years, NEAR has returned 2.84% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


iShares Short Duration Bond Active ETF

1D
-0.10%
1M
0.11%
YTD
0.63%
6M
0.83%
1Y
3.79%
3Y*
5.48%
5Y*
3.84%
10Y*
2.84%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NEAR Monthly Returns History

Based on dividend-adjusted daily data since Sep 26, 2013, NEAR's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.

Historically, 84% of months were positive and 16% were negative. The best month was Apr 2020 with a return of +1.8%, while the worst month was Mar 2020 at -3.6%. The longest winning streak lasted 45 consecutive months, and the longest losing streak was 7 months.

On a daily basis, NEAR closed higher 52% of trading days. The best single day was Mar 20, 2020 with a return of +2.2%, while the worst single day was Mar 19, 2020 at -6.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.37%0.45%-0.66%0.35%0.30%-0.18%0.63%
20250.53%0.62%0.32%0.98%-0.19%0.83%0.28%0.75%0.40%0.36%0.36%0.49%5.90%
20240.46%-0.18%0.41%-0.42%0.77%0.60%1.32%0.92%0.85%-0.51%0.51%0.26%5.09%
20230.64%0.33%0.26%0.55%0.38%0.36%0.54%0.54%0.39%0.46%1.36%1.37%7.42%
2022-0.08%-0.30%-0.27%-0.16%0.05%-0.30%0.28%0.18%-0.04%-0.06%0.56%0.56%0.41%
20210.12%0.05%0.04%0.05%0.10%-0.01%0.05%0.03%0.05%-0.10%-0.06%-0.01%0.32%

Benchmark Metrics

iShares Short Duration Bond Active ETF has an annualized alpha of 2.33%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 26, 2013.

  • This ETF captured 7.17% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.18%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.33%
Beta
0.01
0.00
Upside Capture
7.17%
Downside Capture
-1.18%

Expense Ratio

NEAR has an expense ratio of 0.25%, which is considered low.


Return for Risk

Risk / Return Rank

NEAR ranks 84 for risk / return — in the top 84% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


NEAR Risk / Return Rank: 8484
Overall Rank
NEAR Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
NEAR Sortino Ratio Rank: 9292
Sortino Ratio Rank
NEAR Omega Ratio Rank: 9191
Omega Ratio Rank
NEAR Calmar Ratio Rank: 6969
Calmar Ratio Rank
NEAR Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


NEARBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.72

Sortino ratioReturn per unit of downside risk

+1.47

Omega ratioGain probability vs. loss probability

1.56

1.37

+0.19

Calmar ratioReturn relative to maximum drawdown

3.36

2.78

+0.58

Martin ratioReturn relative to average drawdown

15.26

12.44

+2.82

Dividends

Dividend History

iShares Short Duration Bond Active ETF provided a 4.44% dividend yield over the last twelve months, with an annual payout of $2.24 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.24$2.32$2.53$2.32$0.88$0.38$0.77$1.35$1.12$0.76$0.54$0.43

Dividend yield

4.44%4.54%5.00%4.59%1.78%0.76%1.53%2.69%2.25%1.52%1.07%0.85%

Monthly Dividends

The table displays the monthly dividend distributions for iShares Short Duration Bond Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.18$0.17$0.18$0.18$0.18$0.89
2025$0.00$0.20$0.18$0.20$0.19$0.20$0.18$0.18$0.18$0.18$0.18$0.45$2.32
2024$0.00$0.21$0.20$0.20$0.20$0.20$0.21$0.23$0.21$0.21$0.19$0.47$2.53
2023$0.00$0.13$0.15$0.16$0.18$0.18$0.18$0.18$0.19$0.20$0.21$0.55$2.32
2022$0.00$0.03$0.03$0.03$0.04$0.04$0.06$0.07$0.08$0.09$0.13$0.28$0.88
2021$0.00$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.38

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares Short Duration Bond Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Short Duration Bond Active ETF was 9.61%, occurring on Mar 19, 2020. Recovery took 88 trading sessions.

The current iShares Short Duration Bond Active ETF drawdown is 0.24%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-9.61%Mar 2020
13d4mo 7d
4mo 20dMar 2020 - Jul 2020
Bear market2022
-1.32%Jun 2022
8mo 10d6mo 8d
1y 2moOct 2021 - Dec 2022
2025 selloff2025
-1.16%Apr 2025
7d18d
25dApr 2025 - Apr 2025
2026 pullback2026
-1.13%Mar 2026
24d2mo 21d
3mo 15dMar 2026 - Jun 2026
2024 pullback2024
-0.76%Nov 2024
1mo 20d20d
2mo 10dSep 2024 - Dec 2024

Drawdown Indicators


NEARBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-9.61%

-56.78%

+47.17%

Max Drawdown (1Y)

Largest decline over 1 year

-1.13%

-9.10%

+7.97%

Max Drawdown (3Y)

Largest decline over 3 years

-1.16%

-18.90%

+17.74%

Max Drawdown (5Y)

Largest decline over 5 years

-1.32%

-25.43%

+24.11%

Max Drawdown (10Y)

Largest decline over 10 years

-9.61%

-33.92%

+24.31%

Current Drawdown

Current decline from peak

-0.24%

-1.80%

+1.56%

Average Drawdown

Average peak-to-trough decline

-0.16%

-10.71%

+10.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.25%

2.03%

-1.78%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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